A House Judiciary Committee hearing over the controversial Hollywood copyright bill called "Stop Online Piracy Act" (SOPA) was held Nov 16th. If the bill passes, it would make it harder for Internet entrepreneurs to grow into the next Google, Facebook, and Twitter. Internet entrepreneurs have expressed that the bill will cripple innovation. Companies such as Google, Yahoo!, AOL, and organizations such as the Electronic Frontier Foundation, Human Rights Watch, and Reporters Without Boarders oppose the legislation. The bill was introduced on October 26 to the US House of Representatives by Lamar Smith (R-TX) to help the government and copyright holders control online piracy of intellectual property, focusing on foreign rogue sites that sell pirated movies or counterfeit goods - and to increase penalties for engaging in IP theft.
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